Economy

Elon Musk announces suspension of deal to buy Twitter

by

Elon Musk announced this Friday (13) the temporary suspension of the agreement to buy Twitter. The company’s stock plummets on Wall Street.

According to the billionaire, the acquisition depends on confirmation that the number of users with spam or fake accounts on the network is below 5%.

The purchase — one of the biggest in corporate history — could make Musk a social media baron, with the power to control what he himself has called the “de facto public square of the world.”

The richest man in the world offered, at the end of April, US$ 44 billion for the company.

Elon MuskleafSpaceXtesla

You May Also Like

Recommended for you